#condo reserve study company in Washington

[napoleoninrags]

David Koch Was the Ultimate Climate Change Denier: How a playboy billionaire built a political army to defend his fossil fuel empire.

A few years ago, I was sitting in the book-lined study of an elegant condo with a view of downtown Washington, interviewing a former senior Koch Industries lobbyist about his job. I asked him what got him up in the morning when he worked for Koch. He gave me a one-word answer: “Carbon.”

At the time, I had been reporting for years on Koch Industries, one of the largest and most confusingly complex private companies in the world. Its annual revenue is larger than that of Facebook, Goldman Sachs and U.S. Steel combined, and it makes everything from gasoline to nitrogen fertilizer to nylon, paper towels and windows.

For all this complexity, one business inside Koch Industries remains more important than the rest — processing and selling fossil fuels.

David Koch, who died Friday at the age of 79, is best known as a major funder of right-wing political causes, from tax cuts to deregulation, an enthusiastic patron of the arts and a man-about-town. But to his critics, his most lasting political legacy might very well be the rapidly warming world that he has left behind.

Koch Industries realized early on that it would be a financial disaster for the firm if the American government regulated carbon emissions or made companies pay a price for releasing carbon into the atmosphere. The effects of such a policy would be measured over decades for Koch.

The company has billions of dollars sunk into the complex and expensive infrastructure of crude-oil processing. If a limit on greenhouse gas emissions were imposed, it could dampen demand for oil and diminish the value of those assets and their future sales. The total dollar losses would likely be measured in trillions over a period of 30 years or more.

In the face of this political problem, David Koch and his brother Charles built a political influence machine that is arguably unrivaled by any in corporate America.

Construction on the Koch political machine began in the 1970s, after Charles Koch took over the family company. He and David began funding and orchestrating a political project to restrain government power in the United States through lobbying, think tanks and political donations.

The effort accelerated in the 1990s after a Senate committee, following a long investigation, accused Koch Industries of stealing oil from Native American reservations where the company was operating. That experience convinced David and Charles Koch that they needed to have a stronger presence in Washington to fend off their critics.

The machine reached full fruition in 2008, when Barack Obama was elected president. The machine is so effective because it is multifaceted. In addition to one of the largest registered corporate lobbying offices in the country, located about two blocks from the White House, there is a constellation of Koch-funded think tanks and university centers.

They all convey a consistent message: that government programs can only cause more harm than good and that market forces alone must shape human society. And their work is bolstered by a private network of donors that David and Charles Koch assembled over the years, a network that gives donations at levels rivaling a political party.

Finally, Koch controls a “boots on the ground” army in the form of Americans for Prosperity, a network of employees and volunteers who knock on doors, attend rallies to protest climate change legislation, and visit the offices of any lawmakers who seem likely to cross Koch Industries on the issue.

This machine has been employed to great effect to ensure that no government action is taken to control greenhouse gas emissions. In the early 1990s, President George H.W. Bush made it clear that he would support a treaty to limit carbon emissions.

The Republicans even had a market-based solution to tackle the problem, a system called “cap and trade” that put a price on pollution and allowed companies to buy and sell the right to pollute. Cap and trade had been used to great effect to reduce power plant pollution and acid rain.

But in 1991, the Cato Institute, a Koch-funded think tank, held a seminar in Washington called “Global Environmental Crises: Science or Politics?” This was part of a decades-long effort to cast doubt about the reality of climate change.

David Koch worked tirelessly, over decades, to jettison from office any moderate Republicans who proposed to regulate greenhouse gases. In 2009, for example, a South Carolina Republican, Representative Bob Inglis, proposed a carbon tax bill.

Koch Industries stopped funding his campaign, donated heavily to a primary opponent named Trey Gowdy and helped organize teams of Tea Party activists who traveled to town hall meetings to protest against Mr. Inglis.

Some of the town hall meetings devolved into angry affairs, where Mr. Inglis couldn’t make himself heard above the shouting. Mr. Inglis lost re-election, and his defeat sent a message to other Republicans: Koch’s orthodoxy on climate rules could not be violated.

Mike Pence, who was then a congressman in Indiana, and others soon signed a “carbon pledge” circulated by Americans for Prosperity, which effectively prohibited the government from putting a price on carbon emissions.

Those efforts and others effectively derailed the effort to pass a cap and trade plan for greenhouse gas emissions in 2009 and 2010. In 2009, the level of atmospheric carbon concentration hovered around 370 parts per million. In the decade since, levels have surpassed 400 parts per million, the highest level recorded in human existence.

Since the 2016 election, and in the face of more urgent scientific warnings about climate change and a growing popular movement for action, the Koch network has tried to build a Republican Party in its image: one that not only refuses to consider action on climate change but continues to deny that the problem is real.

Just this week, Senator John Cornyn, Republican of Texas, dismissed data about climate change by pointing out on Twitter: “It’s summer.” In doing so, he reflected the politics of a party — and a world — that has been profoundly shaped by David Koch.

By Christopher Leonard - author of “Kochland: The Secret History of Koch Industries and Corporate Power in America.” https://www.nytimes.com/2019/08/23/opinion/sunday/david-koch-climate-change.html?action=click&module=Opinion&pgtype=Homepage

[unixcommerce]

15 of the Most Successful Hispanic Entrepreneurs

No era in history has seen so many successful Hispanic entrepreneurs thriving as they do today.  The U.S. Census Bureau predicts that 1 in 3 Americans will be Hispanic by the year 2060. As a result, count on even more Hispanic entrepreneurial success in the future.

Most Successful Hispanic Entrepreneurs

Take a look at 16 of the most successful Hispanic entrepreneurs in the United States.

Alberto ‘Beto’ Perez (Zumba Fitness)

Zumba Fitness took the exercise world by storm. Consider the last couple of decades. Beto Perez started the dancing aerobics business  back in 2001. He began his career as an aerobics instructor in Columbia. And later came up with Zumba while improvising new exercise techniques for a class he was taking in America. You’ll now find Zumba Fitness classes available in around 200,000 locations in over 180 countries around the world. Estimates claim 15 million people currently take Zumba Fitness classes.

Jorge Perez (The Related Group)

Argentinean-born Jorge Pérez arrived in the United States in 1968. He just recently graduated from high school at the time. He settled in Miami where he set about building an affordable housing empire. Perez co-founded The Related Group with New York developer Stephen Ross. These days the company focuses on high-end condominiums. Perez has reached billionaire status. As a result, people now call him ‘the condo king of South Florida’.

Carlos Castro (Todos Supermarket)

El Salvador-born Carlos Castro founded the Todos Supermarket chain back in 1990. It became the first supermarket chain that directly catered to Latino shoppers in the Washington D.C. area. Castro proves an extra special case. He originally fled El Salvador and entered the US illegally. Officials deported him but he tried again. This time he legally and successfully immigrated and soon moved his whole family to the U.S. And eventually targeted a much-needed business niche.

Marcelo Claure (BrightStar and Sprint)

While Marcelo Claure is perhaps better known as the Chief Executive Officer of Sprint, his entrepreneurial journey actually began with his founding of mobile device distributor BrightStar. It was a massive success and serves over 200 carriers in 50 different countries and currently boasts annual revenues of over $7 billion.

Tony Jimenez (MicroTech)

Jimenez spent 24 years in active military service before beginning his own entrepreneurial journey. He served as a combat veteran and then later worked closely with the Department of Defense on a variety of platform transformation challenges. This work inspired him to found MicroTech who specializes in government and private sector IT issues and is now contracted to work on over a hundred Federal projects.

Maria Contreras-Sweet (ProAmerica Bank)

Originally born in Guadalajara, Mexico, Contreras-Sweet launched ProAmerica to be California’s first commercial bank started by a person of Latino origin in more than 35 years. Not satisfied with this huge success, she also launched Contreras-Sweet Enterprises as a marketing and research solutions company. His clients include the Pacific Gas and Electric Company, the Walt Disney estate and Coca-Cola.

Matias De Tezanos (AutoWeb)

De Tezanos is the CEO of AutoWeb.com which is a pay-per-click marketing network for automobile dealers and manufacturers. He is also something of a serial entrepreneur. He founded Hoteles.com as a hotel reservation site for Spanish speakers, then he created the online advertising network ClickDiario.com, and in 2011 he also founded BrokersWeb.com, a pay-per-click insurance advertising company.

Martha De La Torre (El Clasificado)

De La Torre founded El Clasificado, a directory of classified ads targeted at Latino immigrants back in 1988. She began her own start-up while needing to perform consulting jobs on the side to keep the business going, and she survived by recruiting talented work-study students from a nearby high school to help her run the business. The web presence was initiated in 1996 and it currently receives around 24 million page views every month.

Jordi Munoz (3D Robotics)

Munoz moved to the United States from Tijuana in 2007 and came to prominence after hacking the sensors of his Nintendo Wii controller to help create the first auto-piloted drone. After uploading a video of his antics online, Munoz was suddenly in demand to use his skills to help others with their projects. Still, an attractive investment opportunity, Munoz’s company 3D Robotics has raised something close to $159 million in venture capital.

Sofia Vergara (Entertainment)

The Colombian born actress is ranked the second World’s Highest-Paid Actresses of 2019 earning a whopping 44.1 million dollars. The star of the sitcom Modern Family is a co-founder of Latino World Entertainment, a multi-million-dollar media and talent agency.

Vergara has signed onto a flurry of endorsement deals in English and Spanish that continues to provide her with a slew of multimillion dollars checks. Her new denim brand, Sofía Jeans by Sofía Vergara; a fragrance line; and furniture line, Rooms to Go, is among her more lucrative entrepreneurial ventures.

Rea Ann Silva (Cosmetics)

Rea Ann Silva is a makeup artist and inventor of the iconic Beautyblender. Silva started selling Beautyblender, an edgeless sponge used to apply foundation, in 2002. In the summer of 2018, Beautyblender’s massive success enabled Silva to launch her own foundation line, Bounce. It comes in 40 shades — a far cry from the seven to 20 shades when she originally started.

The Beautyblender sold 9 million the past year and over 50 million since 2009. As a result, he famous product has been used by celebrities like Kim Kardashian West, Heidi Klum, and more. Now, Silva’s company says it’s projected to do $215 million in retail sales this year alone.

Geisha Williams (Energy)

Geisha Williams is CEO and President of PG&E leads, one of the largest combined natural gas and electric energy companies in the United States. PG&E employs more than 20,000 employees delivering some of the nation’s cleanest energy to nearly 16 million people in Northern and Central California. Williams is the first Latina to ever lead a Fortune 500 company.

Since joining PG&E, Williams has overseen the company’s move to bring nearly 33% of its energy from renewable sources. As a result, the power company has also become a leader in renewables integration, grid modernization, and smart-grid technologies, while also achieving the best electric reliability in company history.

Adriana Cisneros (Media)

Adriana Cisneros serves as CEO of Cisneros. This third-generation family-owned business focuses on media, digital and interactive, and real estate. She also serves as President of Fundación Cisneros. The non-profit organization dedicates efforts to improving education in the region.

Cisneros also serves in other capacities. For example, she is the co-chair of Endeavor Miami, a director and executive committee member of the Board of the International Academy of Television Arts & Sciences, a trustee of the Paley Center for Media, and a board member of MoMA’s Latin American acquisitions committee. She recently joined the boards of Parrot Analytics, The Knight Foundation, and the University of Miami.

Jessica Alba (Beauty Care)

Jessica Alba is the founder of The Honest Company and Honest Beauty, businesses that provide more than 101 safe and effective products for baby, personal care, cleaning and more. She’s a globally recognized business leader, entrepreneur, advocate, actress and New York Times bestselling author of The Honest Life, a practical guide for parents to create a safe and healthy life for their families. As a result, Alba was among the top twenty of Fast Company’s 100 most creative people in business, and one of Fortune’s 10 most powerful women entrepreneurs.

The Honest Company has donated over twelve million products and over 15,000 employee participation hours through its Honest to Goodness program.

Pete Maldonado (Food and Beverage)

Pete Maldonado co-founded Naples, Florida-based dry meat snacks maker Chomps. And he now serves as CEO. Launched in 2012, Chomps makes a diverse line of all-natural meat snack products. For example, the company makes paleo-friendly, gluten-free, Whole30-approved and non-GMO beef jerky sticks.

Chomps was recently ranked No. 62 on the Inc. 5000: The Most Successful Companies in America. This is the second appearance in a row on the Inc. 5000 for CHOMPS. The brand made a debut at No. 124 in 2018. The ascent to No. 62 is the result of more than 4,400% growth in revenue over the last three years. As a result, the company earnings in 2018 reached 21 million dollars

Image: Depositphotos.com

This article, “15 of the Most Successful Hispanic Entrepreneurs” was first published on Small Business Trends

https://smallbiztrends.com/

The post 15 of the Most Successful Hispanic Entrepreneurs appeared first on Unix Commerce.

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[businessthreesixfive-blog]

4 Huge Exits, 1 Smart Business owner

Show your good friends Submit Steve

Murch's BigOven sale is his latest in a series of successful multi-million-dollar exits. Learn how he did it. Earlier this year, Steve Murch offered BigOven, a cooking app with over 13 million downloads and more than 4 million members, to Aisle Ahead, Inc., topping off an extraordinary run of successes:

Former Chairman of the Board, Escapia, Inc. (http://www.escapia.com), a leader in holiday rental software, sold to getaway rental leader HomeAway (NASDAQ: AWAY) in 2010

Director, Experience Central, Inc., sold to AdventureLink in 2008

Creator, President & & CEO of VacationSpot.com, a leading appointment network for rental properties and vacation condos, sold to Expedia in January 2000 for $87 million

Steve is the real offer, and in this episode you'll discover:

An unexpected workaround for getting a huge business to write a fat check

How Steve understands when to bootstrap rather of raising money

What liquidation preferences are and why they can be so harmful to founders

How to determine your strategic buyer

In its infancy, Murch sold 20% of VacationSpot to Microsoft because of the traffic Expedia (owned by Microsoft at the time) might generate. When it was time to offer, it was only natural to return to Expedia and invite them to acquire the rest of the organisation.

Do you understand who the natural strategic acquirers are for your company? If not, we'll help you figure it out utilizing the Short List Builder tool, part of Module 11 in the Worth Builder System ™. Begin free of charge by finishing Module 1.

About Steve Murch's

Steve Murch's career has actually included management positions in online travel, online video games, relational databases and telecom. Murch worked as Chairman of Escapia (), the leading SaaS solution for the United States holiday leasing market, acquired by HomeAway in 2010. Murch was co-founder, President, CEO and Chairman of, a leader in the online reservation of getaway leasings, which was sold to Expedia in January 2000 for around $87M. At Expedia, Murch was Vice President of Vacation Packages, leading the getaway bundle and location services teams, producing 2 patents on the first-ever vibrant vacation product packaging system on the Internet, which now represents billions in yearly deals for Expedia. Murch has keynoted on numerous events at the Vacation Rental Supervisors Association (VRMA) and taught a course on the management of development at the University of Washington Graduate Business School in Seattle, Washington.

Murch worked for Microsoft from 1991 to 1997 in a variety of senior marketing and executive positions, and led the creation of the web games group, assisting develop numerous products and patents related to online multiplayer video gaming.

Murch holds an MS in Computer System Science from Stanford University, an MBA from Harvard Company School, where he was named a George F. Baker Scholar, and a double BS in Applied Mathematics/ Computer Technology and Industrial Management from Carnegie Mellon University.

Connect with Murch on LinkedIn. Do You Know A Business Owner With A Story To Inform?

We're constantly on the prowl for interesting stories from owners who have sold their businesses. We look for owners who have actually sold an organisation that was generating $1 million or more in income and who are willing to share their story candidly with our neighborhood. Forbes ranked Built to Sell Radio among their leading 10 podcasts for entrepreneurs and we have more than 400,000 downloads, so your story will get shared with a great neighborhood of similar owners. Nominate yourself or somebody you know today.

At Constructed to Sell we're all about moving the balance of power from the purchaser to the seller. If you support our mission, please write an evaluation on iTunes-- and if you have any comments or questions you can find us on Twitter and Facebook. Tune in every Wednesday for another episode of #BuiltToSell Radio with John Warrillow.

Then Got It Back For Totally free

Practically every creator would like an all-cash deal when they offer their organisation. Regrettably, that's not sensible.

How To Keep Completing Offers In Play

Support out of an offer is never ever easy, so when Keith Weigand discovered his acquirer was going to buy his business and terminate his employees, he had a difficult decision to make.

What's Your Business Worth?

Take the 13-minute study and get your Worth Contractor Score

The Value Home builder Rating was influenced by the book, Built to Sell. Itwas developed to help entrepreneur like you construct better business. Sign up with more than 30,000 business owners by getting your free Value Builder Score, and learn how valuable your business truly is.

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[northstarreserve]

The Key to Condo Stability: Reserve Studies

Ever thought of owning a condo? It's unique. You've got your freedom plus the shared living arrangements. Homeownership bonuses without the shared spaces' upkeep hassle. But any property purchase, like condos, requires smart money planning. This ensures it stays strong and lasts. The best tool for that? Top condo reserve fund study.

This is where condo reserve study company in Washington come in. They're your total money planning guide, keeping your condo group's long-term needs in check. They examine essential common areas—roofs, elevators, parking areas, and fun zones—and predict future fix or replace costs. With this study, condo groups can figure out the right financial reserves for proper property maintenance.

Research studies are very important

They give condo groups useful information about their money, health, and lasting success. Here's why reserve study company with professionals in Wyoming.

Do these studies are key:

Money Plans

Studies like these predict future costs. They help condos save money for upcoming needs. Spot future fix-ups early. It'll clear up your budget and keep you from breaking the bank.

Transparency

Here's a tip. Solid financial plans build trust with condo owners. A hefty research study shows expected costs, which makes great money management shine.

Regular check-ups are key.

Condos need constant care to hold their value high. With the habit of taking action early and backing it up with top condo reserve fund study, you can hold off those costly repairs that pull your property value down.

Watch out for sudden costs.

Reserve studies keep you from slipping into money traps tied to surprise fixes or emergencies. When you save money for what’s coming down the road, condo builders can swiftly tackle those to-do tasks. This way, they sidestep those hefty fees or loans that hit homeowners hard.

Rules of Law:

Top condo reserve fund study boards often must work hard to keep their reservations filled regularly. By doing so, they serve homeowners while also meeting important regulations.

Best condominium reserve study in Montana usually focus on vital subjects:

Looking Over All

A thorough check of all shared property spaces is done. This lets them understand their status and predict their endurance. Items checked include all structural elements, machinery, and bonus features.

Figuring Costs

They utilize data from the latest check-up to estimate the cost for each item's repair or replacement over a defined period, generally 20 to 30 years.

Money Saving Tactic

Top condo reserve fund study showcases a monetary outline. It depicts how crucial cash will increase over time for future costs. Things like inflation, interest, and gains from investment are considered.

Examining the Reserve

The reserve study probes the present status of the reserve fund. It matches future fiscal needs. This checkup spotlights any regions with excess or a lack of money. It helps determine how much should be added to the reserves.

Updating the Reserve Study:

Reserve studies need refreshes now and then. It keeps them up to date with how the property is doing, any market changes, and any money shifts. Regular updates make sure the reserve study stands the test of time.

After a research study, a condo association has to do what it suggests. Here are some tips on how condo associations can put a reserve study to work:

Money Planning

Think about your annual funds. Save for the unexpected stuff that studies show us happens. Remember to plan for routine and big jobs ahead.

Task Sorting

Decide on the urgent fixes first. Pick them based on how vital they are and their impact on the property's safety and usefulness. Swift action on substantial upkeep issues can stop additional harm and economize future repair costs.

Align with homeowners

Update homeowners about the inspection findings and the group's future maintenance strategies. Openness and direct dialogue will enrich trust and unity among condo residents.

Explore Financing Options:

If there's not enough money, think about other ways to get more. You can consider paying extra fees, getting loans, or investing extra money. Compare the costs and benefits of each choice to find the best fix for the association.

Keep an eye out.

Be on your toes about how your tasks are moving forward and how your savings are accumulating. Seeing this can show if your team is heading towards the money goals for your future. If random hurdles pop up or unexpected expenses come in, adjustments may be required.

Conclusion

To wrap up, top reserve study companies in Idaho are key players in making sure condos remain financially sound and long-lasting. They provide important details about future upkeep duties, which require substantial funding. Thanks to these reserve studies, organizations are able to make enlightened decisions to maintain the value of their property and make living there far more pleasurable for homeowners. By making money matters crystal clear, taking a proactive stance on maintenance, and setting responsible monetary practices, condos become stable and lay the groundwork for what's to come.

[northstarreserve]

Guaranteeing your apartment association’s monetary health and wellness with a book research

As an apartment proprietor or board participant in Washington, you recognize the value of strong financial preparation for your area’s recurring repair and maintenance demands. This is where the condo reserve study company in Washington steps in. These distinctive companies provide a detailed assessment of your condominium association’s common rooms and joint ownerships, forecasting their continued sustainability and future replacement expenses.

Having top condo reserve fund study is key to forming a precise, fully-backed reserve budget. The­ goal? Making sure your association has enough money saved for big costs. We’re talking about things like swapping out roofs, filling up parking lots, updating elevators, and other big, valuable project jobs. If the reserves aren’t up to scratch, owners have to cover the cost and foot the bill for these major expenses. It’s a scenario everyone wants to avoid.

Many seasoned and certified condo reserve study company in Washington. They follow the industry’s top methods. These companies select professional folks that check your property. They dig into repair and replacement timelines using software. These pros produce a rich report that maps out a fitting reserve budget plan. It is tailored to your group’s unique requirements.

Don’t gamble with your community’s money. Work with a credible, local financial advisor. They’ll guide you to maintain your condo’s shared areas. They’ll stay looking great for years ahead.

[northstarreserve]

Why do you need reserve study companies at your disposal?

Doing a reserve study can help developers, the best hoa reserve study companies in Utah, manage their reserve fund in the long term. It is important for them to understand what they want out of it. There are top reserve study companies in Idaho, Montana, Washington, Utah, Wyoming, and other states in the United States that have been doing these for years. It is important to find the right provider and to understand the definition of a reserve study. It helps to know what these reserve study companies do, the need for them, and how to choose them.

What is a top condo reserve fund study?

 A top condo reserve fund study is the liquid asset that a person or a business sets aside to cover potential costs or their financial obligations. These funds can be used to cover unexpected costs, planned improvements, large-scale repair or renovation programs, and expensive community-related emergencies.

 It is important to plan out the income and expenses that may come up over a predetermined period of time (i.e., 30 years). Doing a reserve study helps in the case of future repairs or the replacement of a company's asset. It is best done by the reserve fund study companies, as they have experts that specialize in the proper planning of it.

What does a reserve study include?

 There are a few components of a top condo reserve fund study. These mainly include:

A reserve study includes physical inspections, evaluations, and an analysis of assets that a community manages, repairs, or replaces.

A detailed review of reserve balances, contributions, and financials.

Developing a comprehensive list of maintenance and replacement items over the past the past 30 years and the schedule or time frames for which they are to be maintained.

Creating a financial plan to fund future repairs and replacements.

A concise transfer of all information from the reserve study specialist to the Board of Directors, the best hoa reserve study companies in Utah, etc.

What do reserve study companies do?

The top reserve study companies in Idaho provide long-term capital planning tools for associations and boards. They start by creating a 30-year reserve funding plan. The study typically includes a physical and financial analysis to determine the current status of the reserve fund and a funding plan to compensate for ongoing deterioration. The study also recommends replacement times for each capital asset based on component conditions and available funding.

How to choose reserve study companies

Before meeting with a reserve study company, boards have to have a proper understanding of community finances and other related matters. It is important to know about your community assets, HOA expenses, funding goals, and any patterns of last-minute repairs that may occur, among others. Consider these factors before choosing the top reserve study companies in Idaho.

Check if these companies incorporate contingencies and a safety margin.

Having contingencies allows for small errors in cost that might occur. There are some providers who use a percentage (around 2-5%) of the annual replacement costs for a contingency amount. Some providers will incorporate funds for unforeseen replacements.

Qualifications of the experts in these companies

A qualified person who has the proper knowledge of depreciating property, the operation and maintenance of the property, and the cost associated with the replacement of the common property will be able to do significantly better.

How many funding options are they providing?

The thing to keep in mind is that these providers will supply only the option for the required funding.

How long have these top reserve study companies been in Idaho?

A lot of providers have a waiting list of at least a couple of months. Any study that is required to be completed sooner than 2 months will cost a lot. This is why planning in advance and asking for proposals at least 6 months before they are needed is advised.

Will these companies provide a sample study for review to ensure that the document is usable for their purposes?

It is very important to have sample studies for review, and the providers should furnish them. 

The cost should be kept in mind as well.

The most expensive companies don't always have to be the best. Also, the cheap companies are not always the worst. It is important to ask for references in this case.

What kind of funding philosophy do these companies incorporate?

There are some providers that use  equity replacement. It means you put in what you use up and need to catch up if you’re behind. Most good providers have a reasonable and sufficient funding philosophy. Understanding what a reserve fund is and how it operates will immensely help businesses and homeowner associations alike. Considering the expertise of top reserve study companies in Idaho, what do they include in their proposal? It is worth considering if these companies will provide contingencies or how many funding options they are providing while choosing a perfect fit. 

[unixcommerce]

15 of the Most Successful Hispanic Entrepreneurs

No era in history has seen so many successful Hispanic entrepreneurs thriving as they do today.  The U.S. Census Bureau predicts that 1 in 3 Americans will be Hispanic by the year 2060. As a result, count on even more Hispanic entrepreneurial success in the future.

Most Successful Hispanic Entrepreneurs

Take a look at 16 of the most successful Hispanic entrepreneurs in the United States.

Alberto ‘Beto’ Perez (Zumba Fitness)

Zumba Fitness took the exercise world by storm. Consider the last couple of decades. Beto Perez started the dancing aerobics business  back in 2001. He began his career as an aerobics instructor in Columbia. And later came up with Zumba while improvising new exercise techniques for a class he was taking in America. You’ll now find Zumba Fitness classes available in around 200,000 locations in over 180 countries around the world. Estimates claim 15 million people currently take Zumba Fitness classes.

Jorge Perez (The Related Group)

Argentinean-born Jorge Pérez arrived in the United States in 1968. He just recently graduated from high school at the time. He settled in Miami where he set about building an affordable housing empire. Perez co-founded The Related Group with New York developer Stephen Ross. These days the company focuses on high-end condominiums. Perez has reached billionaire status. As a result, people now call him ‘the condo king of South Florida’.

Carlos Castro (Todos Supermarket)

El Salvador-born Carlos Castro founded the Todos Supermarket chain back in 1990. It became the first supermarket chain that directly catered to Latino shoppers in the Washington D.C. area. Castro proves an extra special case. He originally fled El Salvador and entered the US illegally. Officials deported him but he tried again. This time he legally and successfully immigrated and soon moved his whole family to the U.S. And eventually targeted a much-needed business niche.

Marcelo Claure (BrightStar and Sprint)

While Marcelo Claure is perhaps better known as the Chief Executive Officer of Sprint, his entrepreneurial journey actually began with his founding of mobile device distributor BrightStar. It was a massive success and serves over 200 carriers in 50 different countries and currently boasts annual revenues of over $7 billion.

Tony Jimenez (MicroTech)

Jimenez spent 24 years in active military service before beginning his own entrepreneurial journey. He served as a combat veteran and then later worked closely with the Department of Defense on a variety of platform transformation challenges. This work inspired him to found MicroTech who specializes in government and private sector IT issues and is now contracted to work on over a hundred Federal projects.

Maria Contreras-Sweet (ProAmerica Bank)

Originally born in Guadalajara, Mexico, Contreras-Sweet launched ProAmerica to be California’s first commercial bank started by a person of Latino origin in more than 35 years. Not satisfied with this huge success, she also launched Contreras-Sweet Enterprises as a marketing and research solutions company. His clients include the Pacific Gas and Electric Company, the Walt Disney estate and Coca-Cola.

Matias De Tezanos (AutoWeb)

De Tezanos is the CEO of AutoWeb.com which is a pay-per-click marketing network for automobile dealers and manufacturers. He is also something of a serial entrepreneur. He founded Hoteles.com as a hotel reservation site for Spanish speakers, then he created the online advertising network ClickDiario.com, and in 2011 he also founded BrokersWeb.com, a pay-per-click insurance advertising company.

Martha De La Torre (El Clasificado)

De La Torre founded El Clasificado, a directory of classified ads targeted at Latino immigrants back in 1988. She began her own start-up while needing to perform consulting jobs on the side to keep the business going, and she survived by recruiting talented work-study students from a nearby high school to help her run the business. The web presence was initiated in 1996 and it currently receives around 24 million page views every month.

Jordi Munoz (3D Robotics)

Munoz moved to the United States from Tijuana in 2007 and came to prominence after hacking the sensors of his Nintendo Wii controller to help create the first auto-piloted drone. After uploading a video of his antics online, Munoz was suddenly in demand to use his skills to help others with their projects. Still, an attractive investment opportunity, Munoz’s company 3D Robotics has raised something close to $159 million in venture capital.

Sofia Vergara (Entertainment)

The Colombian born actress is ranked the second World’s Highest-Paid Actresses of 2019 earning a whopping 44.1 million dollars. The star of the sitcom Modern Family is a co-founder of Latino World Entertainment, a multi-million-dollar media and talent agency.

Vergara has signed onto a flurry of endorsement deals in English and Spanish that continues to provide her with a slew of multimillion dollars checks. Her new denim brand, Sofía Jeans by Sofía Vergara; a fragrance line; and furniture line, Rooms to Go, is among her more lucrative entrepreneurial ventures.

Rea Ann Silva (Cosmetics)

Rea Ann Silva is a makeup artist and inventor of the iconic Beautyblender. Silva started selling Beautyblender, an edgeless sponge used to apply foundation, in 2002. In the summer of 2018, Beautyblender’s massive success enabled Silva to launch her own foundation line, Bounce. It comes in 40 shades — a far cry from the seven to 20 shades when she originally started.

The Beautyblender sold 9 million the past year and over 50 million since 2009. As a result, he famous product has been used by celebrities like Kim Kardashian West, Heidi Klum, and more. Now, Silva’s company says it’s projected to do $215 million in retail sales this year alone.

Geisha Williams (Energy)

Geisha Williams is CEO and President of PG&E leads, one of the largest combined natural gas and electric energy companies in the United States. PG&E employs more than 20,000 employees delivering some of the nation’s cleanest energy to nearly 16 million people in Northern and Central California. Williams is the first Latina to ever lead a Fortune 500 company.

Since joining PG&E, Williams has overseen the company’s move to bring nearly 33% of its energy from renewable sources. As a result, the power company has also become a leader in renewables integration, grid modernization, and smart-grid technologies, while also achieving the best electric reliability in company history.

Adriana Cisneros (Media)

Adriana Cisneros serves as CEO of Cisneros. This third-generation family-owned business focuses on media, digital and interactive, and real estate. She also serves as President of Fundación Cisneros. The non-profit organization dedicates efforts to improving education in the region.

Cisneros also serves in other capacities. For example, she is the co-chair of Endeavor Miami, a director and executive committee member of the Board of the International Academy of Television Arts & Sciences, a trustee of the Paley Center for Media, and a board member of MoMA’s Latin American acquisitions committee. She recently joined the boards of Parrot Analytics, The Knight Foundation, and the University of Miami.

Jessica Alba (Beauty Care)

Jessica Alba is the founder of The Honest Company and Honest Beauty, businesses that provide more than 101 safe and effective products for baby, personal care, cleaning and more. She’s a globally recognized business leader, entrepreneur, advocate, actress and New York Times bestselling author of The Honest Life, a practical guide for parents to create a safe and healthy life for their families. As a result, Alba was among the top twenty of Fast Company’s 100 most creative people in business, and one of Fortune’s 10 most powerful women entrepreneurs.

The Honest Company has donated over twelve million products and over 15,000 employee participation hours through its Honest to Goodness program.

Pete Maldonado (Food and Beverage)

Pete Maldonado co-founded Naples, Florida-based dry meat snacks maker Chomps. And he now serves as CEO. Launched in 2012, Chomps makes a diverse line of all-natural meat snack products. For example, the company makes paleo-friendly, gluten-free, Whole30-approved and non-GMO beef jerky sticks.

Chomps was recently ranked No. 62 on the Inc. 5000: The Most Successful Companies in America. This is the second appearance in a row on the Inc. 5000 for CHOMPS. The brand made a debut at No. 124 in 2018. The ascent to No. 62 is the result of more than 4,400% growth in revenue over the last three years. As a result, the company earnings in 2018 reached 21 million dollars

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This article, “15 of the Most Successful Hispanic Entrepreneurs” was first published on Small Business Trends

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